Written Question·Treasury·UIN 34531

Building Societies

Tabled: 27 February 2025
Answered: 5 March 2025
Named Day

Question

Freddie van Mierlo

Liberal DemocratHenley and Thame

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure adequate (a) financial and (b) other support for communities with a building society but not a banking hub.

Answer

Emma Reynolds
The Government recognises the value that building societies bring to their members in local communities across the country, and the value of their 30% share of the UK’s branch network. However, I recognise that most building societies do not provide curre...

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